. >> the world economy collapsed. >> reporter: he says there wasn't enough money to field a bunch of challengers so the expected revenue from the teams is down from $215 million to just $57 million. buehl took on the task of trying to raise $32 million from private donors to offset city expenses but so far that effort is $8 million short of where it should be. the goal now? just raise enough to keep the city from losing money. >> i honestly believe if larry ellison wins itle be back and ten times as exciting with more times next time. >> would you ever volunteer for this job again? >> if i want to stay mare wouldn't.ried i >> reporter: you you heard steven barkley the head of the event authority saying he didn't like being accused of not doing the right thing. today's hearing may have helped serve to clear the air some. after the hearing he told me he now believes everybody is onboard. recording from the embarcadero, mark matthews, abc 7 news. >>> nice outside where mark was standing. hope you enjoyed the lovely weather because it might just have peaked. spencer christian with more.